Heavy-duty Trucks Market in Europe 2023-2027

Description

List of Tables

The heavy-duty trucks market in Europe is forecasted to grow by USD 13388.66 mn during 2022-2027, accelerating at a CAGR of 6.91% during the forecast period. The report on the heavy-duty trucks market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for hd trucks in Eastern Europe, growing demand for HD trucks from truck rental service providers, and stringent emission standards for HD trucks.

Technavio's heavy-duty trucks market in Europe is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	6.54%
CAGR	6.91%
Incremental Value	$13388.66mn

By Type

3.5 to 16 tonnes
Over 16 tonnes

By Fuel Type

Diesel powered
Gasoline powered
Electric powered
Solar powered

This study identifies the increasing prominence of electric HD trucks as one of the prime reasons driving the heavy-duty trucks market in Europe growth during the next few years. Also, development of multi-brand truck platooning in Europe and adoption of autonomous technologies in HD trucks will lead to sizable demand in the market.

The report on the heavy-duty trucks market in Europe covers the following areas:

Heavy-duty trucks market in Europe sizing
Heavy-duty trucks market in Europe forecast
Heavy-duty trucks market in Europe industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading heavy-duty trucks market in Europe vendors that include AB Volvo, Scania AB, Daimler Truck AG, PACCAR Inc., Tesla Inc., Volkswagen AG, BYD Co. Ltd., Toyota Motor Corp., Ashok Leyland Ltd, Oshkosh Corp., Eicher Motors Ltd., General Motors Co., Hindustan Motors Ltd., Mahindra and Mahindra Ltd., Iveco SpA, Sinotruk Hong Kong Ltd., Dongfeng Motor Group Co. Ltd., Ford Motor Co., Isuzu Motors Ltd., and Tata Motors Ltd.. Also, the heavy-duty trucks market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71588

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Fuel Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

4.1 Heavy-duty trucks market in Europe 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on heavy-duty trucks market in Europe 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Fuel Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Fuel Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 29: Chart on Type - Market share 2022-2027 (%)
Exhibit 30: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 31: Chart on Comparison by Type
Exhibit 32: Data Table on Comparison by Type
6.3 3.5 to 16 tonnes - Market size and forecast 2022-2027
Exhibit 33: Chart on 3.5 to 16 tonnes - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on 3.5 to 16 tonnes - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on 3.5 to 16 tonnes - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on 3.5 to 16 tonnes - Year-over-year growth 2022-2027 (%)
6.4 Over 16 tonnes - Market size and forecast 2022-2027
Exhibit 37: Chart on Over 16 tonnes - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Over 16 tonnes - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Over 16 tonnes - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Over 16 tonnes - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 41: Market opportunity by Type ($ million)
Exhibit 42: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Fuel Type

7.1 Market segments
Exhibit 43: Chart on Fuel Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Fuel Type - Market share 2022-2027 (%)
7.2 Comparison by Fuel Type
Exhibit 45: Chart on Comparison by Fuel Type
Exhibit 46: Data Table on Comparison by Fuel Type
7.3 Diesel powered - Market size and forecast 2022-2027
Exhibit 47: Chart on Diesel powered - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Diesel powered - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Diesel powered - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Diesel powered - Year-over-year growth 2022-2027 (%)
7.4 Gasoline powered - Market size and forecast 2022-2027
Exhibit 51: Chart on Gasoline powered - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Gasoline powered - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Gasoline powered - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Gasoline powered - Year-over-year growth 2022-2027 (%)
7.5 Electric powered - Market size and forecast 2022-2027
Exhibit 55: Chart on Electric powered - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Electric powered - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Electric powered - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Electric powered - Year-over-year growth 2022-2027 (%)
7.6 Solar powered - Market size and forecast 2022-2027
Exhibit 59: Chart on Solar powered - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Solar powered - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Solar powered - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Solar powered - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Fuel Type
Exhibit 63: Market opportunity by Fuel Type ($ million)
Exhibit 64: Data Table on Market opportunity by Fuel Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 66: Chart on Market share By Geographical Landscape - 2022-2027 (%)
Exhibit 67: Data Table on Market share By Geographical Landscape - 2022-2027 (%)
9.2 Geographic comparison
Exhibit 68: Chart on Geographic comparison
Exhibit 69: Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2022-2027
Exhibit 70: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.4 UK - Market size and forecast 2022-2027
Exhibit 74: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.5 France - Market size and forecast 2022-2027
Exhibit 78: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2022-2027 (%)
9.6 Italy - Market size and forecast 2022-2027
Exhibit 82: Chart on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Chart on Italy - Year-over-year growth 2022-2027 (%)
Exhibit 85: Data Table on Italy - Year-over-year growth 2022-2027 (%)
9.7 Rest of Europe - Market size and forecast 2022-2027
Exhibit 86: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
Exhibit 89: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
9.8 Market opportunity By Geographical Landscape
Exhibit 90: Market opportunity By Geographical Landscape ($ million)
Exhibit 91: Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 92: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 93: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 94: Overview on factors of disruption
11.4 Industry risks
Exhibit 95: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 96: Vendors covered
12.2 Market positioning of vendors
Exhibit 97: Matrix on vendor position and classification
12.3 AB Volvo
Exhibit 98: AB Volvo - Overview
Exhibit 99: AB Volvo - Business segments
Exhibit 100: AB Volvo - Key news
Exhibit 101: AB Volvo - Key offerings
Exhibit 102: AB Volvo - Segment focus
12.4 Ashok Leyland Ltd
Exhibit 103: Ashok Leyland Ltd - Overview
Exhibit 104: Ashok Leyland Ltd - Product / Service
Exhibit 105: Ashok Leyland Ltd - Key offerings
12.5 BYD Co. Ltd.
Exhibit 106: BYD Co. Ltd. - Overview
Exhibit 107: BYD Co. Ltd. - Business segments
Exhibit 108: BYD Co. Ltd. - Key news
Exhibit 109: BYD Co. Ltd. - Key offerings
Exhibit 110: BYD Co. Ltd. - Segment focus
12.6 Daimler Truck AG
Exhibit 111: Daimler Truck AG - Overview
Exhibit 112: Daimler Truck AG - Business segments
Exhibit 113: Daimler Truck AG - Key offerings
Exhibit 114: Daimler Truck AG - Segment focus
12.7 Eicher Motors Ltd.
Exhibit 115: Eicher Motors Ltd. - Overview
Exhibit 116: Eicher Motors Ltd. - Product / Service
Exhibit 117: Eicher Motors Ltd. - Key offerings
12.8 General Motors Co.
Exhibit 118: General Motors Co. - Overview
Exhibit 119: General Motors Co. - Business segments
Exhibit 120: General Motors Co. - Key news
Exhibit 121: General Motors Co. - Key offerings
Exhibit 122: General Motors Co. - Segment focus
12.9 Hindustan Motors Ltd.
Exhibit 123: Hindustan Motors Ltd. - Overview
Exhibit 124: Hindustan Motors Ltd. - Key offerings
12.10 Mahindra and Mahindra Ltd.
Exhibit 125: Mahindra and Mahindra Ltd. - Overview
Exhibit 126: Mahindra and Mahindra Ltd. - Business segments
Exhibit 127: Mahindra and Mahindra Ltd. - Key news
Exhibit 128: Mahindra and Mahindra Ltd. - Key offerings
Exhibit 129: Mahindra and Mahindra Ltd. - Segment focus
12.11 Oshkosh Corp.
Exhibit 130: Oshkosh Corp. - Overview
Exhibit 131: Oshkosh Corp. - Business segments
Exhibit 132: Oshkosh Corp. - Key offerings
Exhibit 133: Oshkosh Corp. - Segment focus
12.12 PACCAR Inc.
Exhibit 134: PACCAR Inc. - Overview
Exhibit 135: PACCAR Inc. - Business segments
Exhibit 136: PACCAR Inc. - Key news
Exhibit 137: PACCAR Inc. - Key offerings
Exhibit 138: PACCAR Inc. - Segment focus
12.13 Scania AB
Exhibit 139: Scania AB - Overview
Exhibit 140: Scania AB - Business segments
Exhibit 141: Scania AB - Key offerings
Exhibit 142: Scania AB - Segment focus
12.14 Tata Motors Ltd.
Exhibit 143: Tata Motors Ltd. - Overview
Exhibit 144: Tata Motors Ltd. - Business segments
Exhibit 145: Tata Motors Ltd. - Key news
Exhibit 146: Tata Motors Ltd. - Key offerings
Exhibit 147: Tata Motors Ltd. - Segment focus
12.15 Tesla Inc.
Exhibit 148: Tesla Inc. - Overview
Exhibit 149: Tesla Inc. - Business segments
Exhibit 150: Tesla Inc. - Key news
Exhibit 151: Tesla Inc. - Key offerings
Exhibit 152: Tesla Inc. - Segment focus
12.16 Toyota Motor Corp.
Exhibit 153: Toyota Motor Corp. - Overview
Exhibit 154: Toyota Motor Corp. - Business segments
Exhibit 155: Toyota Motor Corp. - Key offerings
Exhibit 156: Toyota Motor Corp. - Segment focus
12.17 Volkswagen AG
Exhibit 157: Volkswagen AG - Overview
Exhibit 158: Volkswagen AG - Business segments
Exhibit 159: Volkswagen AG - Key offerings
Exhibit 160: Volkswagen AG - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations